JG Summit Holdings (JG Summit Holdings) Days Sales Outstanding : 39.50 (As of Mar. 2024)

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What is JG Summit Holdings Days Sales Outstanding?

JG Summit Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was $721 Mil. JG Summit Holdings's Revenue for the three months ended in Mar. 2024 was $1,664 Mil. Hence, JG Summit Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 39.50.

The historical rank and industry rank for JG Summit Holdings's Days Sales Outstanding or its related term are showing as below:

JGSHF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.9 Med: 47.85 Max: 87.11
Current: 34.88

During the past 13 years, JG Summit Holdings's highest Days Sales Outstanding was 87.11. The lowest was 26.90. And the median was 47.85.

JGSHF's Days Sales Outstanding is ranked better than
77.87% of 497 companies
in the Conglomerates industry
Industry Median: 61.07 vs JGSHF: 34.88

JG Summit Holdings's Days Sales Outstanding declined from Mar. 2023 (50.34) to Mar. 2024 (39.50).

JG Summit Holdings Days Sales Outstanding Historical Data

The historical data trend for JG Summit Holdings's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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JG Summit Holdings Days Sales Outstanding Chart

JG Summit Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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27.21

52.48

87.11

68.70

45.89

JG Summit Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															50.34	29.01	19.81	39.89	39.50

Competitive Comparison of JG Summit Holdings's Days Sales Outstanding

For the Conglomerates subindustry, JG Summit Holdings's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

JG Summit Holdings's Days Sales Outstanding Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, JG Summit Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where JG Summit Holdings's Days Sales Outstanding falls into.

JG Summit Holdings Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

JG Summit Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (712.722	+	775.248)	/	2 )	/	5917.701	*	365
=	743.985					/	5917.701	*	365
=	45.89

JG Summit Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (775.248	+	665.861)	/	2 )	/	1664.366	*	365 / 4
=	720.5545					/	1664.366	*	365 / 4
=	39.50

JG Summit Holdings (OTCPK:JGSHF) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

JG Summit Holdings Days Sales Outstanding Related Terms

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JG Summit Holdings (JG Summit Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » JG Summit Holdings Inc (OTCPK:JGSHF) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

JGS:Philippines

Address

ADB Avenue Corner, Poveda Road, 43rd Floor, Robinsons-Equitable Tower, Ortigas Center, Metro Manila, Pasig City, RIZ, PHL, 1600

Website

https://www.jgsummit.com.ph

JG Summit Holdings Inc is a diversified Filipino conglomerate, engaged in foods, agro-industrial and commodities, real estate and hotel, air transportation, banking and petrochemicals. The company also has investments in telecommunications and power generation and distribution. It also has a branded consumer foods business in China, ASEAN and an investment in a property development company in Singapore. The Group conducts businesses throughout the Philippines, but primarily in and around Metro Manila and in the regions of Luzon, Visayas and Mindanao.

JG Summit Holdings (JG Summit Holdings) Headlines

From GuruFocus

Q4 2023 JG Summit Holdings Inc Earnings Call Transcript

By GuruFocus Research • 03-27-2024